Significant first hit for Almaden on Ixtaca zone
Vancouver – First-ever drilling on part of Almaden Minerals’ (AMM-T, AAU-X) Tuligtic project in Mexico has ret…
News
Silvore Fox director missing, presumed dead
A Silvore Fox Minerals (SFX-V) director is presumed dead after the plane he was flying disappeared off the coa…
Venture makes gains in Aug. 3-6 week
The S&P/TSX Venture made modest gains on all four days of trading during the first week of August to close…
TSX rides higher for Aug. 3-6 period
The holiday shortened Aug. 3-6 period saw the TSX Composite Index rise 18 points to 11,799.97. The Index was h…
US markets rebound over Aug. 2-6
Markets rose during the Aug. 2-6 trading period, shortened due to the Civic Holiday, with some of the major mi…
Kinross, Red Back set to merge
In a US$7.1-billion deal that would give Kinross Gold (K-T, KGC-N) a foothold in West Africa, the boards of Kinross and Red Back Mining (RBI-T) have agreed to a friendly merger that values the interme…
Western Pacific lays claim to Mineral Gulch
SITE VISIT CASSIA CTY., IDAHO — Rising prominently out of the flat scrubland, it is hard to believe the site of the past-producing Black Pine gold mine lay largely forgotten…
Stornoway, Soquem to decide Renard’s fate
Stornoway Diamond (SWY-T) and 50-50 joint-venture partner Soquem are now officially going ahead with a feasibility study on the Renard diamond project in north-central Quebec with a goal of deciding b…
Zambia’s gov’t may reinstate windfall tax
Dow Jones Newswires is reporting that a parliamentary committee in Zambia is recommending that the government reintroduce a 25% windfall profit tax on mining companies that was scrapped early last yea…
US Gold gets El Gallo resource
The initial resource estimate for US Gold’s (UXG-T, UXG-X) El Gallo silver discovery in Sinaloa state, Mexico, tallies up to 25.1 million oz. silver and 21,000 oz. gold under the measured and indicate…
Positive economics for Midway’s Pan
VANCOUVER — A preliminary economic assessment of Midway Gold’s (MDW-V) Pan gold project in White Pine Cty., Nev., predicts an open-pit mine could produce 44,000 oz. gold annually for roughly US$450 p…
Prospero gets slapped by BCSC
Prospero Silver (PSL-V) got too aggressive with its announcements and as a result the British Columbia Securities Commission (BCSC) has scrutinized the Vancouver-based company.